Grow Light Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By Offering:

Based on the offering, the market is segmented into hardware, software, and services.

Trends in the Offering:

• Rising adoption of grow lights to boost the yield is driving the market demand.
• There is an increasing trend towards the adoption of grow lights for energy efficiency in vertical and urban farming.

The hardware segment accounted for the largest revenue share of 68.41% in the market in 2024.

• The hardware includes lights and accessories including power cords, sockets, plug adapters, dimmer controllers, and PAR meters, among others.
• These components enable light intensity control, spectrum change, maintenance, and repairs of lights.
• For instance, Fluortronix offers IOT app-controlled LED lights in its product offerings. This 500W LED light utilizes a full spectrum and has a lifespan of 80,000 hours.
• Therefore, grow light market analysis shows that the increasing advancements associated with these lights are driving the market trends.

The services segment is expected to register the fastest CAGR during the forecast period.

• The services include installation, setup, maintenance, repair, troubleshooting, light selection, and light spectrum customization.
• Different life stages of plants require different services. Moreover, the equipment requires constant maintenance for efficient operation.
• For instance, Intelligent Horticultural Solutions (IHS) offers several horticultural LED lights. It offers a customizable solution with an LED mix and accessories.
• Thus, the benefits offered by these services are driving the adoption of these lights, in turn propelling the grow light market growth during the forecast period.

By Type:

Based on the type, the market is segmented into light emitting diode (LED), fluorescent, incandescent, high-intensity discharge (HID), and others.

Trends in the Type:

• Rising adoption of fluorescent lights for seedlings as they are readily available and affordable.
• Increasing shift towards adoption of incandescent lights as it is the cheapest option available in the market.

The high-intensity discharge (HID) segment accounted for the largest revenue in the grow light market share in 2024.

• High-intensity discharge lights offer better light output and brightness. These lights are made up of two electrodes filled inside special gas-filled bulbs.
• These lights are available in two types including metal halide (MH) and high-pressure sodium (HPS). 
• For instance, Valoya offers a HPS light solution. This solution works best for warehouse cultivation environments and greenhouses.
• Therefore, the grow light market analysis depicts that the benefits offered by HID lights are driving the market demand.

The LED segment is expected to register the fastest CAGR during the forecast period.

• LED lights produce significantly less heat compared to HID lights. These lights use less air conditioning and require less maintenance.
• LED lights are used in confined spaces or vertical farming. LED lights are suitable for adjustable spectrums and offer lower operating costs in the long term.
• For instance, Soltech Solutions offers Grove LED light in its product offerings. This light is suitable for indoor plants and herbs.
• Thus, the benefits offered by LED lights are further driving their adoption, in turn boosting the grow light market expansion during the forecast period.

By Wattage:

Based on the wattage, the market is segmented into below 100W, 100 to 1000W, and above 1000W.

Trends in the Wattage:

• Rising adoption of lights below 100W for indoor plants and small spaces is boosting the market demand.
• Increasing shift towards the adoption of lights above 1000W for commercial spaces including greenhouse farming are driving the grow light market size.

The 100 to 1000W segment accounted for the largest revenue in the market in 2024 and it is also expected to register the fastest CAGR during the forecast period.

• The lights within a range of 100 to 1000W are capable of delivering a power output of the given range. These lights are mostly used for mid-sized projects or spaces.
• These lights have higher intensity, which enables faster plant growth in monitored conditions. These lights offer maximum efficiency when placed appropriately over the plant canopy.
• For instance, in January 2022, AB Lighting announced a new grow light. This new lighting has a lifespan of over 50,000 hours and 520W input power.
• Therefore, the increasing innovations related to these lights within a range of 100 to 1000W are driving the market expansion.

By Spectrum:

Based on the spectrum, the market is segmented into full and limited.

Trends in the Spectrum:

• Rising adoption of limited spectrum lights for dedicated lighting for specific growth cycles of plants.
• Increasing adoption of full spectrum lights for facilitating full life cycle of plants is boosting the grow light market demand.

The limited spectrum segment accounted for the largest revenue share in the grow light market share in 2024.

• The limited spectrum lights emit only a narrow range of wavelengths within the visible light spectrum, primarily providing certain colors including red or blue.
• These lights are used for targeted growth stages and are not ideal for all plants. These lights promote certain characteristics including leafy growth or flower production.
• Therefore, the market analysis shows that the benefits offered by limited spectrum lights are driving the grow light market size.

The full spectrum segment is expected to register the fastest CAGR during the forecast period.

• The full spectrum lights emit a broader range of visible light wavelengths. These lights resemble white sunlight.
• Full spectrum lights provide lighting for the overall growth of plants. Moreover, full spectrum lights are flexible and they are used for various plants in different stages of development.
• For instance, in May 2022, Spectrum King LED introduced full spectrum LED lightning Phoenix. Is suitable for cannabis and indoor agriculture.
• Thus, the increasing advancements associated with full spectrum lights are projected to boost the grow light market trends during the forecast period.

By Application:

Based on the application, the market is segmented into indoor farming, vertical farming, urban farming, greenhouse farming, hydroponics, aquaponics, and others.

Trends in the Application:

• Rising adoption of grow lights in hydroponics due to their ability to provide a mix of light intensities and wavelengths.
• Increasing trend towards the adoption of grow lights for indoor farming to provide lighting solutions for indoor plants.

The greenhouse farming segment accounted for the largest revenue share in the market in 2024.

• Grow lights are used in greenhouse farming to increase plant yields and quality.
• These lights are used during winter months when the sunlight is limited and help to cultivate plants that do not thrive solely on natural light.
• For instance, in February 2025, California LightWorks launched the MegaDrive UnderCanopy light system for greenhouse farming. The features of this system include a centralized power supply, waterproof design, and optimized light spectrum.
• Therefore, market analysis depicts that wide applications of lights in greenhouse farming are driving the grow light market growth.

The vertical farming segment is expected to register the fastest CAGR during the forecast period.

• In vertical farming, plants rely on grow lights for photosynthesis, as there is less exposure to sunlight due to stacked layers.
• Moreover, these lights assist in plant growth by targeting specific growth cycles using different light intensities and wavelengths.
• For instance, in June 2024, Ryan Growing Systems introduced the Inaro horticultural light for vertical farming. This lighting solution is customizable and affordable.
• Thus, the application of these lights in vertical farming is projected to drive the grow light market trends during the forecast period.